China Shipyard Gets Significant HBC Bulkship Orders

The buyerss add that two and a half years of work was invested into this project to build up to 12 bulk carriers of about 43.500 dwt of which the first delivery is expected in the last quarter of 2014.

The design is a modification of a standard design developed by Deltamarin of Finland. Model tests confirmed the high expectations of extremely low consumption of fuel oil which is less than 20 mt fuel oil daily, and added to this advantage the ships will also have a very shallow draft.

The vessels will have 5 cargohold of "boxy" double skinned construction and 4 cranes of 35 mt and grabs.This step forward will further enhance HBC's position on the global markets as this newly designed type of bulk carrier will be able to outperform the majority of competing (even modern) bulk carrier designs.

The vessels will be managed technically by TMS Ship Management and commercially by HBC from its offices in Hamburg and Singapore.

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